Browsers Will Store Credit Card Details Similar to How They Save Passwords

Status
Not open for further replies.

LASER_oneXM

Level 37
Thread author
Verified
Top Poster
Well-known
Feb 4, 2016
2,520
Browsers Will Store Credit Card Details Similar to How They Save Passwords

A new W3C standard is slowly creeping into current browser implementations, a standard that will simplify the way people make payments online.

Called the Payment Request API, this new standard relies on users entering and storing payment card details inside browsers, just like they currently do with passwords.

Websites will be able to use the standard to create one-click buttons that allow the user to buy a product without entering his payment details on each and every site on the Internet.

New Payment Request API makes buying stuff a lot easier
A popup will appear showing payment and shipping details. The user can then select the payment and shipping method of his liking, along with a delivery address, both previously saved in the browser.

You can test Payment Request API demos here.

Chrome and Edge already support it
Browsers that support the Payment Request API include Google Chrome, who first added support for it in Chrome for Android 53 in August 2016, and added desktop support last month, with the release of Chrome 61.

Microsoft Edge also supports the Payment Request API since September 2016, but the feature requires that users register a Microsoft Wallet account before using it.

Firefox and Safari are still working on supporting the API, and so are browser implementations from Facebook and Samsung, both eager to provide a simpler payment mechanism than the one in use today.

Under the hood, the Payment Request API works by providing a vendor-agnostic system for handling financial transactions.

When a user places an order, the website makes an API call to the user's browser, forwarding details about the order. The browser then takes over, prompting the user with a popup, asking for card details (if none exist) and a delivery/shipping address that is also stored in the browser's autofill section.

With these details selected, the browser — and not the website — contacts the user's payment handler, which can be Visa, Mastercard, or any of the other major credit card providers.

Once the payment has gone through, the browser sends back a response to the website, which records the transaction and moves forward with shipping the product, knowing that money is already in its bank account.
 
Status
Not open for further replies.

About us

  • MalwareTips is a community-driven platform providing the latest information and resources on malware and cyber threats. Our team of experienced professionals and passionate volunteers work to keep the internet safe and secure. We provide accurate, up-to-date information and strive to build a strong and supportive community dedicated to cybersecurity.

User Menu

Follow us

Follow us on Facebook or Twitter to know first about the latest cybersecurity incidents and malware threats.

Top